本报讯 （记者桂小笋）4月23日晚间，润泽智算科技集团股份有限公司（以下简称"润泽科技"）发布了 2024年年度报告，报告显示，公司实现了业务规模的持续扩大和财务数据的稳健发展，进一步巩固了其 在数据中心行业的领先地位。 润泽科技作为国内领先的综合算力中心解决方案服务商，一直以来坚持"自投、自建、自持、自运维"的 发展模式，致力于打造超大规模、高等级的数据中心集群。截至目前，公司已在京津冀·廊坊、长三角· 平湖、大湾区·佛山和惠州、成渝经济圈·重庆、甘肃·兰州和海南·儋州等全国6大区域建成了7个智算基础 设施集群，基本完成了全国"一体化算力中心体系"框架布局，全国合计规划61栋智算中心、约32万架机 柜。 在财务数据方面，润泽科技发展稳健。报告期内，公司实现营收43.64亿元，归属于上市公司股东的净 利润17.90亿元。公司资产负债率继续下降至63.11%，资产负债结构处于健康合理水平。 作为"液冷领先"的头部企业，公司紧抓高密算力趋势与"双碳"机遇，率先交付行业内首个整栋纯液冷智 算中心，展现了强大的液冷技术实力。2024年，公司将自研的新一代冷板式液冷制冷技术全面应用于全 国多园区新一代智算中心项目中，实 ...

业绩不及预期，股价一度跌近17%！润泽科技回应：重组上市做出的业绩承诺未完成 金十数据4月24日讯，润泽科技股价低开，盘中一度跌近17%。消息面上，润泽科技发布2024年年报， 其实现营业收入43.65亿元，同比增长0.32%；归母净利润17.90亿元，同比增长1.62%。然而，此前券商 发布的2024年盈利预测均高于这一数值。对此，南财快讯记者以投资者身份致电润泽科技，工作人员表 示，券商之前给出的预期是基于公司重组上市做出的业绩承诺。据润泽科技披露的业绩补偿方案，补偿 义务人承诺2021年度、2022年度、2023年度与2024年度累积实现的合计扣非净利润不低于55.99亿元， 实际完成的扣非净利润为52.39亿元，完成率为93.56%。 （21财经） ...

Group 1 - Yilida plans to repurchase shares worth 30 to 50 million yuan for employee stock ownership plans, with a maximum price of 6.5 yuan per share [1] - Yinglian shares two major shareholders plan to reduce their holdings by up to 5% [1][2] - Zhongbing Hongjian reports a net loss of 327 million yuan for 2024, with a revenue decline of 25.29% [2][3] Group 2 - Zhongke Electric reports a net profit increase of 626.56% for 2024, with a revenue growth of 13.72% [3][4] - Yong'an Futures reports a net profit decline of 21.07% for 2024, with a revenue decrease of 8.76% [5][6] - Yongjie New Materials reports a net profit increase of 34.28% for 2024, with a revenue growth of 24.71% [7][8] Group 3 - Xibu Securities reports a net profit increase of 20.38% for 2024, despite a revenue decline of 2.64% [9][10] - Jinying Heavy Industry reports a net profit decline of 35.54% for 2024, with a slight revenue increase of 1.13% [10][11] - Haineng Industry reports a net profit decline of 40.45% for 2024, despite a revenue growth of 16.26% [12][13] Group 4 - Penghui Energy reports a net loss of 252 million yuan for 2024, with a revenue increase of 14.83% [14][15] - Weiming Pharmaceutical reports a net loss of 137 million yuan for 2024, with a revenue decline of 16.14% [16][17] - Huachang Technology reports a net profit increase of 184.26% for 2024, with a revenue growth of 6.74% [18][19] Group 5 - Ancar Detection reports a net loss of 213 million yuan for 2024, with a revenue decline of 3.05% [20][21] - Saiwei Intelligent reports a net loss of 507 million yuan for 2024, with a significant revenue decline of 68.03% [22][23] - Qinglong Pipe Industry reports a net profit increase of 976.43% for 2024, with a revenue growth of 36.71% [24][25] Group 6 - Huayin Electric reports a net loss of 113 million yuan for 2024, with a revenue decline of 16.00% [26][27] - Zhongqi New Materials reports a net profit decline of 61.59% for 2024, with a revenue decrease of 22.88% [28][29] - Guangzheng Eye Hospital reports a net loss of 175 million yuan for 2024, with a revenue decline of 16.94% [30][31] Group 7 - Zhenlan Instrument reports a net profit increase of 2.16% for 2024, with a revenue growth of 11.63% [32][33] - Zaiseng Technology reports a net profit increase of 137.99% for 2024, despite a revenue decline of 10.87% [34][35] - Haitai High-tech reports a net profit increase of 51.34% for 2024, with a revenue growth of 25.26% [36][37] Group 8 - Runze Technology reports a net profit increase of 1.62% for 2024, with a revenue growth of 0.32% [38][39]

Core Insights - The company reported a revenue of 4.365 billion yuan for 2024, a year-on-year increase of 0.32%, and a net profit attributable to shareholders of 1.790 billion yuan, up 1.62% year-on-year [1] - The traditional IDC market is slowly recovering, while the AIDC market is experiencing explosive growth due to AI technology, with AIDC revenue reaching approximately 1.451 billion yuan, a year-on-year increase of 21.03% [1] - The company has significantly increased its energy consumption indicators by about 130% compared to the end of 2023, ensuring robust business development [1] Business Development - The company has completed the planning of seven AIDC intelligent computing infrastructure clusters in six core regions, accumulating 61 intelligent computing centers and approximately 320,000 cabinet resources [2] - The company has delivered 14 computing centers and deployed about 82,000 cabinets, with a mature computing center shelf rate exceeding 90% [2] - The company is a leader in liquid cooling technology, having delivered the industry's first fully liquid-cooled intelligent computing center and applied self-developed cooling technologies across multiple parks [2] Industry Position - The company is recognized as a leading technology firm in the comprehensive computing center sector, focusing on sustainable and large-scale investments in intelligent computing and digital economy [3] - The company aims to build advanced, well-structured, and environmentally friendly computing infrastructure clusters, establishing a strong reputation and brand influence in the industry [3]

4月24日早盘，A股延续窄幅震荡态势。行业板块方面，计算机、通信等领跌，美容护理、煤炭、银行 等领涨。概念指数方面，云计算、AI算力、东数西算、IDC（算力租赁）等指数跌幅居前。近期热度较 高的云计算50ETF（516630）开盘后一度跌超1.5%，持仓股中，润泽科技跌超10%，金山办公、科华数 据、数字政通、中国长城、云赛智联等跌幅居前。 公开信息显示，云计算50ETF（516630）的AI算力含量较高，标的指数成分股覆盖了光模块&光器件、 算力租赁（IDC）、数据储存、服务器、液冷等算力基建概念板块。此外，指数当中DeepSeek概念股含 量较高，据华创证券测算，云计算指数（930851）的Deepseek概念股含量为42.9%。云计算50ETF （516630）当前管理费率0.15%，托管费率0.05%，合计费率0.2%，为全市场同类产品最低费率水平。 （文章来源：每日经济新闻） 上海证券认为，多模态融合与边际成本下降将催生金融、医疗、工业等领域的规模化应用，"云-边"算 力集群建设有望深度受益于推理模型迭代与落地场景的多元化发展趋势，云厂商/算力租赁公司的业务 拓展得到相应催化。 消息面上，OpenA ...

Group 1 - The core viewpoint of the articles highlights that Runze Technology (300442.SZ) reported a revenue of 4.365 billion yuan and a net profit of 1.790 billion yuan for the fiscal year 2024, reflecting a year-on-year growth of 1.62% [1] - The company has established seven intelligent computing infrastructure clusters across six major regions in China, completing the framework layout for a nationwide "integrated computing power center system" [1] - As of the end of the reporting period, Runze Technology has delivered 14 computing power centers and deployed approximately 82,000 cabinets, with a mature computing center shelf rate exceeding 90% [1] Group 2 - Runze Technology emphasizes shareholder returns, having implemented a mid-term cash dividend totaling 688 million yuan for the fiscal year 2024, with a proposed annual cash dividend of approximately 222 million yuan [2] - Since its listing in August 2022, the company has distributed a total of 2.618 billion yuan in cash dividends [2] - The computing power center industry is expected to face challenges in optimizing computing power structure in 2025, but it also presents new development opportunities [2]

中金研究 数据中心板块从24年年末开始估值提振明显，在25年2月后又经历了大幅回调，本篇报告我们对数据中心板块近期估值表现进行复盘，并对近期投资人 较为关心的问题进行梳理和分析。 点击小程序查看报告原文 Abstract 摘要 数据中心公司提供服务器托管服务，当前在手订单有望交付支撑未来1-2年业绩增速逐年提升，新签价格尚未提升，但项目回报率有望先于价格改善。 1）数据中心企业以服务器托管为核心，通过提供场地、电力、制冷及网络服务收取租金，通常不参与算力租赁与服务器采购；2）因采用租金模式，数据 中心业绩波动或小于下游资本开支波动，但受益于互联网厂商资本开支提升，具备竞争力数据中心公司AI相关订单明显增长，在手订单能够支撑未来1-2 年业绩增长且业绩增速上呈现25年高于24年、26年高于25年；3）2021-2023年行业供过于求致新签订单租金下行，当前数据中心公司议价权有所提升，我 们认为签约周期延长、优惠期缩短与上架加速有望使得项目IRR先行于行业新签价格提升出现。 受旺盛订单拉动，数据中心资本开支进入上行通道，多元融资渠道支撑资本开支扩张，REITs项目有助于资金回笼提升经营稳定性。 1）数据中心公司需 ...

Market Overview - External disturbances have peaked, and the market is gradually returning to fundamentals [1][21] - U.S. stock markets saw a broad increase, with the Dow Jones up 1.07%, Nasdaq up 2.50%, and S&P 500 up 1.67% [3] - Notable individual stock performances include Tesla rising 5.37% despite a 71% drop in quarterly net profit, and Boeing increasing 6.04% due to better-than-expected quarterly losses [3] Commodity Prices - International oil prices weakened, with WTI crude down 2.20% to $62.27 per barrel and Brent crude down 1.96% to $66.12 per barrel, amid rumors of OPEC+ potentially increasing production [4][7] - Gold prices significantly declined, with COMEX gold futures dropping 3.66% to $3276.30 per ounce [4] Economic Indicators - The Federal Reserve's latest Beige Book indicated little change in U.S. economic activity since early March, with several regions experiencing a "significant deterioration" in outlook amid increasing economic uncertainty [4] Corporate Developments - The People's Bank of China introduced a plan to enhance cross-border financial services in Shanghai, aiming to optimize financial service policies [5] - Xiamen's government announced an upgrade to its housing compensation policy, expanding the range of housing options for those affected by property acquisition [6] - Apple was fined €500 million by the EU for antitrust violations under the Digital Markets Act, marking a significant regulatory action against major tech companies [8] Company Earnings - Wens Foodstuff Group reported a net profit of 2 billion yuan in Q1 2025, reversing a loss from the previous year, primarily due to profitability in the pork sector [11] - Nutrien reported a 374% increase in net profit for Q1 2025, driven by increased sales and prices of potash [12] - Zhongke Electric's Q1 net profit surged 465.8% year-on-year, attributed to increased sales and improved gross margins [13] - Tianqi Lithium expects a net profit of 82 million to 123 million yuan for Q1 2025, a significant recovery from a loss in the previous year [14] Strategic Partnerships - CATL announced the launch of 10 battery swap models in collaboration with major automotive companies, expanding its battery swap network [9] - Four-dimensional Map Technology signed a strategic cooperation agreement with Volcano Engine to enhance automotive intelligence technology [10]

润泽智算科技集团股份有限公司 第四届监事会第二十二次会议决议公告 证券代码：300442 证券简称：润泽科技 公告编号：2025-005 本公司及监事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 2025 年 4 月 22 日，润泽智算科技集团股份有限公司（简称"公司"）第四 届监事会通过现场会议的方式召开了第二十二次会议。根据《润泽智算科技集团 股份有限公司章程》（简称"《公司章程》"）的规定，本次监事会会议的通知 已于 2025 年 4 月 12 日发出。会议召集和召开程序符合法律、行政法规和《公司 章程》的规定。 二、监事会会议审议情况 （一）审议通过了《关于<2024 年年度报告>及其摘要的议案》 经审议，监事会认为：公司编制《2024 年年度报告》及其摘要的程序符合 相关法律、行政法规和中国证券监督管理委员会（简称"中国证监会"）的规定， 报告内容真实、准确、完整地反映了公司的实际情况，不存在虚假记载、误导性 陈述或者重大遗漏。因此，全体监事一致同意《2024 年年度报告》全文及其摘 要的内容，并同意将该议案提交 2024 年年度股东大 ...

证券代码：300442 证券简称：润泽科技 公告编号：2025-004 润泽智算科技集团股份有限公司 第四届董事会第二十九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 2025 年 4 月 22 日，润泽智算科技集团股份有限公司（简称"公司"）第四 届董事会通过现场会议的方式召开了第二十九次会议，根据《润泽智算科技集团 股份有限公司章程》（简称"《公司章程》"）的规定，本次董事会会议通知已 于 2025 年 4 月 12 日发出。本次会议由董事长周超男主持。会议召集和召开程序 符合法律、行政法规和《公司章程》的规定。 二、董事会会议审议情况 年年度报告》及《2024 年年度报告摘要》。 与会董事以 8 票同意，0 票反对，0 票弃权审议通过本议案。本议案已经公 司第四届董事会审计委员会审议通过。 本议案尚需提交公司股东大会审议，股东大会召开时间另行通知。 （二） 审议通过了《关于公司董事会审计委员会 2024 年度履职报告的议 案》 公司董事会认真听取了董事会审计委员会的《董事会审计委员会 2024 年度 履职报告》， ...